Inovatif

Author: admin

  • ESG Evolution: COP27 to Carbon Stocks Insights

    In an era defined by mounting environmental concerns, social responsibility, and ethical governance, the rise of Environmental, Social, and Governance (ESG) principles has been nothing short of transformative. As the world grapples with the urgent need to address climate change and promote sustainable practices, ESG has emerged as a critical framework guiding both businesses and governments towards a greener and more equitable future.

    THE GENESIS OF ESG: PAVING THE PATH TO COP27
    The inception of ESG can be traced back to the mounting awareness about the consequences of unchecked environmental degradation and social inequality. ESG’s roots lie in the early sustainability movements that championed the need for responsible business practices, community engagement, and ethical corporate governance. At COP27, the trajectory reached a significant milestone, where nations congregated to address the accelerating climate crisis. COP27 heralded a renewed commitment to curbing greenhouse gas emissions, with a growing emphasis on collaborative global eff orts. This conference placed ESG’s relevance on the international stage, with environmental stewardship, social equity, and transparent governance at the forefront of policy discussions.

    ESG INTEGRATION IN MALAYSIAN BUSINESSES
    ESG’s imprint extends far beyond policy considerations, effectively permeating and reshaping the
    entire business landscape in Malaysia. Companies of all scales, ranging from industry giants to small enterprises, have astutely recognised that embracing and integrating ESG practices goes beyond aligning with global imperatives—it becomes a strategic decision that significantly influences
    brand reputation, financial performance, and long-term sustainability.

    In a study conducted by the Malaysia Institute for Supply Chain Innovation, it was revealed that businesses that prioritise ESG principles tend to outperform their peers in terms of financial performance. Notably, companies that demonstrated robust environmental and social practices experienced an average of 25% higher return on equity (ROE) compared to their counterparts who did not prioritise ESG considerations.

    Furthermore, a survey conducted by the Malaysia Business Ethics Institute (MBEI) disclosed that over 80% of consumers in Malaysia consider a company’s commitment to environmental and social responsibility when making purchasing decisions. This consumer sentiment highlights the pivotal role ESG plays in shaping brand perception and influencing consumer choices.

    Large corporations in Malaysia, such as Petronas, have proactively integrated ESG into their business strategies. Petronas’ initiatives to reduce carbon emissions through energy-efficient practices not only contribute to environmental goals but have also resulted in significant cost savings. The company’s investments in renewable energy and sustainable technology have not only earned it recognition as a responsible corporate citizen but have also attracted eco-conscious investors.

    In the realm of small and medium-sized enterprises (SMEs), a survey by the Sustainable Energy Development Authority Malaysia (SEDA) unveiled that over 70% of SMEs are actively seeking to enhance energy efficiency and adopt cleaner technologies. These efforts not only reduce the carbon footprint but also position SMEs as forward-thinking entities aligned with global sustainability trends.

    The Malaysian government’s efforts to incentivise ESG practices have also bolstered the integration of these principles. The introduction of tax incentives and grants for businesses engaged in eco-friendly
    initiatives has garnered increased interest and engagement from the corporate sector. This intersection of government support and business initiative demonstrates the growing recognition of ESG’s impact on
    long-term profitability.

    In essence, ESG integration in Malaysia transcends being a superficial trend, resonating deeply with both consumer preferences and financial realities. The data and statistics outlined above indicate that companies embracing ESG practices are not only meeting global ethical standards but are also carving a competitive edge in the market. As businesses continue to navigate an ever-evolving landscape, the significance of ESG in enhancing brand reputation, financial performance, and overall sustainability becomes irrefutable.

    MALAYSIA’S ESG JOURNEY: A PARADIGM SHIFT FOR SUSTAINABILITY
    Malaysia’s stride towards COP27 was marked by a series of proactive measures to align its policies and industries with ESG principles. A notable endeavour was the launch of the Bursa Carbon Exchange (BCX), Malaysia’s voluntary carbon market exchange. BCX not only embodies the nation’s commitment to net-zero emissions by 2050 but also symbolises Malaysia’s emergence as a key player in the global carbon credit ecosystem.

    According to Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia Berhad, “The launch of Bursa Carbon Exchange is momentous as it will play a significant role in supporting the nation’s, and indeed the world’s, voluntary carbon market ecosystem.” This initiative positions Malaysia at the forefront of sustainable finance, marrying its role as a global Islamic financial marketplace with innovative carbon credit offerings.

    INVESTING IN CARBON STOCKS: NAVIGATING PROFITABLE SUSTAINABILITY
    Investing in carbon stocks has emerged as a compelling avenue for both environmentally conscious investors and those seeking lucrative opportunities. As the global drive towards sustainability gains momentum, carbon stocks present a unique convergence of responsible investing and financial growth. These stocks offer investors the chance to not only contribute to carbon reduction initiatives but also to reap potential financial rewards. Below, we delve into the top-performing carbon stocks of 2023 that exemplify the blend of sustainability and profitability.

    1. Carbon Streaming Corporation (NETZ.NEO and OFSTF.OTC)
    Carbon Streaming Corporation stands as a trailblazer in the carbon credit landscape, focusing on offset credits and securing high-quality carbon credits due to its early-mover advantage. Trading on the
    NEO exchange in Canada and the OTC market in the U.S., the company’s vision extends to listing on the NASDAQ in the near future. Analysts from institutions like TD, Bank of Nova Scotia, BMO, and H.C. Wainwright have endorsed Carbon Streaming’s potential, with an average price target of around US$4.50. Carbon Streaming’s strategic approach highlights its role as a leveraged play on the increasing demand and value of carbon credits within the voluntary carbon market.

    2. DevvStream (DESG.NEO)
    DevvStream, a new entrant in the arena, offers financing for green projects in exchange for carbon credit rights. Partnering with its parent company, Devvio, DevvStream leverages an advanced blockchain-based ESG platform. This B2B service provides a framework for global-scale enterprise management, ensuring regulatory-compliant transaction management, ESG reporting, and recordkeeping. DevvStream’s unique positioning within the ESG ecosystem makes it a compelling player with access to an expanding market.

    3. Base Carbon (BCBN.NEO)
    Base Carbon, akin to Carbon Streaming Corp., channels its efforts into financing carbon projects generating voluntary carbon credits. The company’s executed project agreements are poised to generate an estimated 34 million carbon credits, equivalent to approximately 3 million tonnes annually at full production. With a commitment of US$29.6 million for projects in Rwanda and Vietnam, Base Carbon tackles household energy inefficiencies through initiatives like fuel-efficient cookstoves and safe-drinking water purifiers. The company’s robust balance sheet, strong cash position, and strategic partnerships position it favourably for the projected growth in the voluntary carbon market.

    4. Brookfield Renewable Partners (BEP)
    Brookfield Renewable Partners stands out as a global leader in renewable energy and decarbonisation technologies. With an exclusive focus on clean energy, BEP’s portfolio comprises hydroelectric plants, wind farms, solar power plants, and other sustainable energy solutions. Their development pipeline, targeting a 46% increase in power capacity over three years, showcases their dedication to renewable expansion. BEP’s proven track record, stable business model, and extensive global presence make it a go-to choice for investors seeking exposure to carbon markets. With a strong dividend yield, consistent growth in distributions, and an emphasis on clean energy, BEP aligns seamlessly with the growing trend toward responsible investing.

    CARBON STOCKS ARE PAVING THE WAY TO A SUSTAINABLE FUTURE
    As more and more public companies declare their net-zero ambitions and disclose their carbon emissions, responsible investing is becoming a hot topic in financial markets. Big money is pouring into renewable energy and offsetting emissions using carbon credits. Meta, Apple, and Netflix are among the tech giants leading the charge towards net-zero targets by 2030. Meanwhile, major mining companies
    like Barrick and Newmont, as well as energy giants like Saudi Aramco, Exxon, and Shell, are also making similar commitments.

    These developments will likely increase investor interest in all things carbon-related in 2023 and beyond. And as 2030 draw closer, we can expect this trend to accelerate even further. Carbon stocks could prove a valuable addition to an investor’s portfolio as the world heads towards net-zero targets.

    ANTICIPATING COP28 AND BEYOND: A SUSTAINABLE TRAJECTORY
    As COP28 approaches, the world is poised to build upon the achievements of COP27. The momentum created by ESG initiatives, including the rise of carbon stocks, will likely shape discussions and actions at COP28. The success of these endeavours hinges on the concerted efforts of governments, businesses, and individuals to embrace ESG as an integral part of their strategies.

    The evolution of ESG from a concept to a driving force shaping sustainability and responsible governance is painting a promising picture of a world that acknowledges its responsibilities. With that, it is also taking proactive steps towards a greener, more equitable future.

  • Evadore’s ReFi Revolution: Pioneering Sustainable Finance in the World of Cryptocurrency

    Evadore, the groundbreaking Regenerative Finance (ReFi) ecosystem by EvaLabs, has made its debut on major cryptocurrency exchanges including Lbank, Bitmart, P2PB2B, and XT. This transformative platform is on a mission to unite blockchain entrepreneurs, startups, and communities by harnessing eco-friendly blockchain technologies that are driving us towards a more sustainable future.

    In the Evadore whitepaper’s tokenomics analysis, it’s revealed that 39.045% of the initial supply was distributed through the Initial Exchange Offering (IEO). The remaining allocations are as follows: 4% for marketing, 3% for AirDrops, 7.5% for staking rewards, and a significant 16% earmarked for the Evadore Foundation.

    A Blockchain Solution to Tackle Carbon Emissions

    Evadore, an EvaChain-based initiative by EvaLabs, champions the application of ReFi principles—focused on sustainability, social justice, and environmental stewardship—in blockchain financial systems. Isiah Cargo, CIO of EvaLabs, emphasized the pressing need for change, highlighting that “87% of energy consumed by blockchain technologies is derived from non-renewable sources.”

    Investing in Renewable Energy

    The project’s technical documentation unveils plans for a financial system that shifts away from fossil fuels towards sustainability. Revenues generated within the Evadore ecosystem will be directed towards mitigating carbon emissions, specifically by funding hydroelectric, solar, and wind energy projects. Isiah Cargo also hinted at Evadore’s role in facilitating carbon offset initiatives and combating deforestation by acquiring carbon credits through the Evadore Foundation.

    More than Just a Wallet: A Comprehensive Ecosystem

    EvaLabs’ ReFi ecosystem offers a diverse range of sustainable financial products and services, including Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest, and CarbonEva. Isiah Cargo underscored Evadore’s commitment to a well-balanced ecosystem, stating, “Evadore extends an invitation to the world for a carbon-free future through its globally scalable, carbon-neutral blockchain solution.”

  • ASUS Unveils Zenbook Pro 14 OLED (UX6404)

    ASUS has introduced the Zenbook Pro 14 OLED (UX6404), a sleek and compact 14.5-inch laptop designed for creative professionals on the go. This sophisticated powerhouse boasts cutting-edge features, making it the ultimate tool for creativity and productivity.

    The highlight of the Zenbook Pro 14 OLED is its stunning 16:10 3K 120 Hz OLED NanoEdge Dolby Vision display. It delivers impeccable detail, fluid motion, and vivid colours. PANTONE Validated for colour accuracy and boasting a cinema-grade 100% DCI-P3 gamut, this display elevates content creation and consumption with brilliant HDR images and deep blacks.

    Under the hood, this laptop is powered by the latest 13th Generation Intel Core i9 H-series processor, paired with studio-grade NVIDIA GeForce RTX 4070 graphics, 32 GB of fast DDR5 RAM, and a lightning-fast 1 TB SSD.

    Productivity and creativity are further enhanced by the ASUS DialPad, providing intuitive app control, and a comprehensive set of I/O ports including Thunderbolt 4 USB-C, USB 3.2 Gen 2 Type-C, USB 3.2 Gen 2 Type-A, HDMI 2.1, and an audio combo jack. Immerse yourself in audio excellence with the Harman Kardon-certified Dolby Atmos speaker system and ASUS AI noise-cancelling audio technology.

    The Zenbook Pro 14 OLED’s 3K OLED touchscreen features a 120 Hz refresh rate and 0.2 ms pixel response time, ensuring smooth visuals. It’s also adaptable, with different colour gamut options for various tasks or preferences. The display is protected by Corning Gorilla Glass NBT and supports the optional ASUS Pen 2.0 stylus for a premium drawing and writing experience.

    Performance-wise, this laptop is a dream machine for creators, with its high-end components and a long-lasting 76 Wh battery. The NVIDIA GeForce RTX 4070 GPU offers real-time ray tracing, while the MUX Switch reduces latency for gaming content creators.

    Keeping things cool is the ASUS IceCool Pro cooling system, complete with dual fans, external exhaust vents, and dust filters. Plus, ASUS WiFi Master Premium technology ensures rock-solid wireless connections.

    In terms of design, the Zenbook Pro 14 OLED boasts a premium Harman Kardon-certified sound system, Dolby Atmos certification, and ASUS AI noise-cancelling for crystal-clear conference calls. The FHD infrared camera allows for quick and secure face unlocking with Windows Hello.

    The laptop also introduces the ASUS DialPad, a rotary touch controller for precise control over creative apps. The ASUS ErgoSense keyboard offers exceptional typing comfort, and the touchpad is both comfortable and easy to clean.

    For connectivity, the Thunderbolt 4 USB-C port, HDMI 2.1 port, USB 3.2 Gen 2 Type-C and Type-A ports, and SD card reader ensure compatibility with the latest devices and peripherals.

    The ASUS Zenbook Pro 14 OLED (UX6404V) is available in Malaysia starting from September 19, 2023, for RM10,999 at ASUS authorized dealers and the official ASUS e-store. Explore this powerful creator laptop and unleash your creative potential.

  • New Moscow Central Diameter (MCD-4) Opens as the Longest Commuter Line, Enhancing Urban Mobility

    The grand inauguration of Moscow’s fourth Central Diameter, MCD-4, has transformed the city’s transportation landscape. Stretching a remarkable 86 kilometres from west to east, this commuter marvel intersects the Russian capital, connecting seven central railroad stations and offering commuters unprecedented convenience, speed, and affordability.

    MCD-4, opening just weeks after MCD-3, has now claimed the title of Moscow’s lengthiest rapid transit line. With 36 strategically located stations and 38 connection points to the subway, MCC, and other MCD lines, it boasts the most modern infrastructure among its counterparts. In the near future, MCD-4 will proudly welcome two additional stations, solidifying its status as a pinnacle of urban mobility excellence. Remarkably, 67% of its stations (24 in total) have already transformed into bustling transportation hubs, aligning with the highest standards of contemporary urban transit systems.

    Passenger Convenience Takes Center Stage

    For commuters, MCD-4 promises an unparalleled travel experience. During peak hours, the train frequency will be an impressive 5.5 minutes, ensuring swift journeys. Moreover, thanks to an innovative tariff system, fares have been slashed by a staggering threefold, dropping from 200 to just 65 rubles. Moscow’s acclaimed ticketing system, honoured with Transport Ticketing Awards in both 2020 and 2021, enables passengers to enjoy free transfers to the subway, MCC, and other MCD lines within 90 to 120 minutes on select routes.

    The fourth diameter of the MCDs opened in the Russian capital

    A City Transformed

    The launch of MCD-4 promises to be a game-changer for Moscow’s mobility ecosystem. Neighbouring subway lines are poised to experience a notable 9% reduction in traffic, while some of the city’s busiest highways will witness a decrease in the number of cars.

    Russian President Vladimir Putin and Moscow Mayor Sergey Sobyanin jointly inaugurated MCD-4, a remarkable achievement that now unites over 20 districts within Moscow and extends its reach to four cities in the Moscow suburbs. It is projected that by the end of 2023, MCD-4 will serve a daily ridership of 260-270 thousand people, with ample capacity to meet the city’s growing needs for years to come.

    The dawn of MCD-4 signifies a monumental leap forward in Moscow’s transportation landscape, delivering on the promise of more accessible, efficient, and sustainable urban mobility.

  • Takaful Malaysia Provides Baking Facilities for Youth Shelter

    Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia”), the FIRST takaful operator in Malaysia, through its sustainability agenda of nation-building, provides baking facilities for a youth shelter and rehabilitation centre, Raudhatus Sakinah, as part of its Corporate Social Responsibility (“CSR”) initiative to provide both practical skills and a sense of community to the shelter’s residents. The long-term sustainability of the charity baking program aims to nurture valuable skills and create a positive and nurturing environment for the residents, helping them develop confidence and a sense of accomplishment.

    Takaful Malaysia Am CEO, Mohamed Sabri Ramli; Takaful Malaysia Shariah Advisory Body member, Dr. Marhanum Che Mohd Salleh (third from right); Group Chief Marketing Officer of Takaful Malaysia, Siti Hajar Rizlan (second from right); Takaful Malaysia Head of Shariah Division, Dr. Hafiza Harun (right); Chairman of Raudhatus Sakinah, Prof. Dr. Najibah Mohd Zin (fourth from left); Raudhatus Sakinah CEO, Rosmawati Zainal (third from left), and Raudhatus Sakinah representatives at the Raudhatus Sakinah Bakery Project event in Selangor.

    Mohamed Sabri Ramli, Chief Executive Officer of Takaful Malaysia Am, the general takaful arm of Takaful Malaysia, said, “Corresponding to the spirit of takaful, which is lending a helping to those in need, the baking facilities we provide for the youth shelter, Raudhatus Sakinah, is a commendable initiative that provides practical skills by encouraging creativity and entrepreneurship among the shelter’s residents. Baking can empower the shelter residents by giving them the tools and knowledge which foster self-sufficiency and independence and the opportunity to learn a skill useful for future employment. We work closely with the management of Raudhatus Sakinah to determine their specific needs for baking facilities, and the residents learn how to bake and sell baked goods to generate income, which helps support the shelter’s daily operations.”

    Through the CSR program, Takaful Malaysia provides complete baking facilities and equipment to Raudhatus Sakinah, a shelter and rehabilitation centre in Selangor for female Muslim teenagers in crisis situations. The baking facility gives the residents access to appropriate baking resources, develop life skills and self-sustaining, and work toward a more secure and independent future.

    “We ensure that the baking facilities adhere to safety regulations, including proper food handling, hygiene, and supervision by the shelter’s management. We are pleased that this initiative encourages the residents’ creativity and exploration in baking. Raudhatus Sakinah has received an overwhelming response and baked goods orders from various parties, and we are delighted to receive positive outcomes from this initiative.

    This program reflects our unwavering commitment to positively impacting the community by reaching out to those in need and fulfilling our responsibility to eligible Asnaf (tithe) recipients, which aligns with our value as a responsible and caring Islamic financial institution. It is about the impact we create, the difference we make in the lives of individuals and communities, and the legacy we leave for future generations. With this in mind, we have embarked on a journey to strengthen our community-based efforts and drive meaningful change for a lasting legacy of positivity,” said Mohamed Sabri Ramli.

  • IshanTech Launches WatchfulEyes Managed Services

    IshanTech, leading provider of enterprise ICT security solutions and professional services, catering to the evolving needs of its customers in Malaysia and Southeast Asia, is launching managed services under the WatchfulEyes brand.

    WatchfulEyes was founded with the focus on one of the most important areas – protecting businesses from insider-related information security risks. The services will help clients to protect corporate information and personal data of clients, optimize business processes, prevent fraud and data manipulation, and mitigate other risks. It also helps to fulfill the requirements of the law for information protection without additional expense on software and the hiring of information security officers.

    WatchfulEyes team

    “We decided to open a new line of business by responding to the needs of our customers. At some point, employees realize that information requires special handling, it’s crucial to know how exactly it is kept, who has access to it, where it is transmitted to. Often these tasks have to be solved urgently – after an incident. In any case, it is often difficult for a business to allocate resources: to buy and implement the necessary software, hire and train specialists, particularly if it needs to be done quickly. The service solves these problems – by enlisting the help of third-party experts, companies get access to advanced technologies and professionals in a matter of hours,” says Ruben Theva co-founder at WatchfulEyes.

    Managed services will be available to clients in different formats depending on business needs. It can be a one-time audit or day-by-day monitoring. It can come in handy even for companies that have an IS (Information Security) department but are overburdened or don’t have the right resources.

    “Thanks to the technologies that we use in our services, we are able to address a wide range of issues in both data-centric security and user-centric security. These include data loss prevention and monitoring, data discovery and data classification, access rights audit, user activity monitoring, forensics and investigation, employees’ productivity monitoring. In addition, with the help of our services you can close the issue of regulatory compliance audit (PDPA, GDPR, etc.), – says CTO/Cyber security consultant Buddhika Niroshan – as part of the service, we will install the necessary software, configure it and analyze the information. Report data will allow companies to prevent information security incidents, identify gaps, eliminate vulnerabilities and optimize business processes.

    The service can be tested for a month absolutely free of charge. WatchfulEyes is already conducting the first trials. Even during the test period, customers can draw conclusions on how to improve the data situation in their company.

  • You Too Can Excel

    For a book title, it may sound too common.  However, this is one book that is everything except common.    I have written this book for a top civil servant who has over 35 years of experience where he shares his experiences through stories, insights, and hindsight for those aspiring young leaders who too want to reach the top positions in organizations.

    As the book appears to have two names, allow me to differentiate between an author and a writer.  A writer is the one who helps write the book, but the author is the one with the stories and the sharing of his views.  The writer plays the role of interviewing to unleash what is inside the author and help write the book.  Of course, there are authors who write their own books too.  However, many people have books trapped inside them but do not translate their gems to be shared with the world.

    One such individual, Datuk Ir. Amrullah has unleashed his trapped book into reality with his first book, You Too Can Excel.  The book is written more in a style of self-improvement rather than a biography. This book is divided into 10 Chapters.

    Chapter 1 gives a good background of Datuk Amrullah Kamal describing the events that had shaped him. His years of martial arts training through Taekwondo, Judo, and Silat classes have developed a sense of confidence and discipline that serves him well. His scouting activities developed his leadership, and survival skills as well as inculcated in him a sense of independence. His parents’ spiritual teachings have inculcated good moral principles and humility in him. His resilience and courage in his younger days certainly helped him in his later years.

    Launching the English and the Bahasa version of the book at the same time

    Before introducing Chapter 2, there is a brief introduction on what are the 7 Majestic Step-Ups. The term, Step-Up means to do something faster and better with greater intensity to achieve the desired results.

    The 7 Majestic Step-Ups approach are as follows:

    Chapter 2: Majestic Step-Up 1: Engage foresight to develop a vision

    Chapter 3: Majestic Step-Up 2: Have the guts to do what is right

    Chapter 4: Majestic Step-Up 3: Develop superb communication skills

    Chapter 5: Majestic Step-Up 4: Be hungry for success and performance-driven

    Chapter 6” Majestic Step-Up 5: Execute well with massive action

    Chapter 7: Majestic Step-Up 6: Follow through till successful

    Chapter 8: Majestic Step-Up 7: Build a powerful and motivated team

    Chapter 2 to Chapter 8 covers the 7 Majestic Step-Ups providing specific examples of how Datuk Amrullah had used them to excel.  He rose from the rank of an executive engineer to the Director of JKR Sabah and then the Director-General Dewan Bandaraya Kota Kinabalu, and finally the President of  Majlis Perbandaran Tawau, through using this approach to help achieve extraordinary results often with seemingly impossible tasks.

    In many of his works, he had tapped into his foresight to develop an inspiring vision to win over people’s commitment. He had the guts to do what was right rather than what was popular. He had used his superb persuasive skill to influence his superiors to approve something that had never been approved before. For example, he managed to get a huge budget for the development of rural roads in Sabah approved as well as for 45 fresh engineers despite the staff intake freeze policy.

    In everything, one can sense that this man has a hunger for success and is performance-driven. He not only executed well with massive action, but his follow-through was relentless. To him, there is no such thing as failure unless one gives up trying. He did whatever it took, often outside his decision-making powers, using his influential skills to get a difficult idea approved and implemented. He was quick to admit that he did not chalk up all the great achievements by himself.  He had leveraged the motivated team that he had developed.

    The author with his eager fans awaiting him to autograph the book.

    Perhaps his courage, tenacity, and perseverance could be best attested by his attending Tony Robbins fire-walking seminar 3 times and having climbed Mount Kinabalu to reach the summit when he was 51 years old.

    Chapter 9 is an emotional chapter where he shares his greatest loss. It is heart-rendering to read about the loss of his father and yet inspiring to know of the great love of his family that motivated him to overcome the adversities he faced. The lessons of adversities are indeed useful gems, especially for the younger ones who have yet to face a great crisis in their lives.

    In the final chapter, Datuk Amrullah shows us behind the tough and disciplined leader is a man who has a soft spot for orphans. His involvement in community and charity work while working full-time in organizations shows his love and care for helping others.

    His definition of his purpose in life is indeed most magnanimous and selfless:

    “The purpose of my life is to serve others and make a difference in their lives. In the process of helping others, I will improve myself, become a better and happier person as well as achieve a sense of fulfillment in my life”.

    His active role in securing a  wakaf land and the building, Rumah Anak Ar-Raudhoh speaks volumes of a man whose kindness has made a difference in the lives of the orphans.

    In this book, Datuk Amrullah generously shares his insight, experiences, and strategies to help those working in the public as well as the private sector to excel in whatever they do through the 7 Majestic Step-Ups.

    You too can excel if you apply this approach in your work, whichever field you are in be it in manufacturing or retail business.

     

  • Cradle and Bursa Malaysia Collaborate to Facilitate Listing of Local Startups in Bursa Malaysia

    The Minister of Science, Technology, and Innovation, YB Tuan Chang Lih Kang, presided over the signing of a Memorandum of Collaboration (MoC) between Cradle Fund Sdn. Bhd. (Cradle), Malaysia’s premier early-stage startup agency, and Bursa Malaysia Berhad (Bursa Malaysia).

    The MoC was formalized with Cradle’s Acting Group Chief Executive Officer, Norman Matthieu Vanhaecke, and Bursa Malaysia’s Director of Corporate Strategy, Aina Zahari.

    This collaboration’s primary objective is to raise awareness among startups regarding funding opportunities available in Malaysia, including those offered by the equity market. Furthermore, it aims to streamline the identification process for companies with the potential to list on Bursa Malaysia.

    This collaboration is an integral component of the Ministry of Science, Technology, and Innovation’s (MOSTI) Fund Funnel program. The initiative is designed to simplify funding options and provide comprehensive support to startups throughout their funding journey, from the seed stage to the initial public offering (IPO).

    The implementation of the Fund Funnel program aligns with Intervention Two outlined in the Malaysia Startup Ecosystem Roadmap (SUPER) 2021-2030, emphasizing the need to restructure the local investment ecosystem to enhance efficiency, attract high-quality investments, and facilitate funding access for startups.

    Highlighting the significance of this collaboration, YB Tuan Chang remarked, “The Fund Funnel addresses the concerns raised by startups regarding the lack of information about government funding opportunities, providing clear and concise details about funding agencies and the specific stages at which they offer financial support.”

    He continued, “As we introduce the Fund Funnel program, Malaysia embarks on a transformative journey to fulfil the aspirations outlined in the Malaysia Startup Ecosystem Roadmap. The Fund Funnel program signifies the government’s commitment to nurturing startups by providing them with vital funding access at every stage of their journey, in line with Malaysia MADANI’s aspiration to build an innovative and high-tech nation.”

    Norman Matthieu Vanhaecke, Acting Group Chief Executive Officer of Cradle, expressed that the collaboration between Cradle and Bursa Malaysia demonstrates a continual commitment to engage with ecosystem players, promoting transparency in Bursa Malaysia’s listing requirements.

    He added, “Through this collaboration, we hope to empower startups to develop comprehensive strategies, ultimately paving the way for successful listings on the exchange while bridging critical funding gaps within the ecosystem. By strategically aligning resources, expertise, and collaboration, we create an enabling environment where startups can thrive, revolutionize industries, and drive economic growth.”

    Under this partnership, Cradle will provide market intelligence on the local startup ecosystem to assist Bursa Malaysia in identifying potential listing candidates. With 20 years of experience in the startup ecosystem, Cradle has engaged with companies across all stages of development and funding, supporting over 1,000 Malaysian technology-based firms and achieving the highest commercialization rate among funding agencies in Malaysia.

    Bursa Malaysia will analyse the data shared by Cradle and collaborate with them to organize programs that focus on funding access. Additionally, Bursa Malaysia will support Cradle in knowledge sharing and help startups gain a better understanding of how the equity market can contribute to their growth. This objective is crucial to assist businesses in planning their future growth and identifying the necessary funding to support their journey from the early stages to eventually becoming a publicly listed company.

    Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia, stated, “This collaboration reflects the Exchange’s intent to assist Cradle in building a thriving startup ecosystem by addressing a common pain point faced by local startups, namely, access to funding opportunities. Together with Cradle, we are committed to alleviating this challenge and facilitating Malaysia startups in their funding journey with the goal of accelerating their growth and enabling them to list right here within their home country.”

    He concluded, “We firmly believe that the outcome of this collaboration will yield a positive impact, benefiting startups, our capital market, and the broader Malaysian economy.”

  • Takaful Malaysia’s Di Hatiku Student Food Aid Program Nourishes 1,000 Asnaf Students with Nutritious Meals

    Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia”), the FIRST takaful operator in Malaysia, recently lunhed a Corporate Social Responsibility (“CSR”) initiative in collaboration with the Ministry of Education (“MoE”). This initiative, known as the “Di Hatiku Student Food Aid Program”, aims to provide daily nutritious meals to 1,000 Asnaf students in ten (10) primary schools around Kuala Lumpur and Selangor. The CSR program aligns with Takaful Malaysia’s sustainability agenda, focusing on nation-building and improving the health, physical condition, and nutrition of underprivileged students.

    Nor Azman Zainal, Group Chief Executive Officer of Takaful Malaysia, stated, “We initiated the food aid program to fulfil our responsibility as an Islamic financial institution in distributing Zakat to eligible Asnaf (tithe) recipients. We aim to create sustainable value in the local community by providing daily nutritious meals and improving the nutrition intake of underprivileged students. Our responsibility and commitment are to assist the Government in addressing malnutrition by empowering these children with healthy meals. This is also in line with the spirit of takaful, which emphasizes helping one another, especially those in need.”

    Group Chief Executive Officer of Takaful Malaysia, Nor Azman Zainal (right) and Chief Executive Officer of Takaful Malaysia Am, Mohamed Sabri Ramli (left) at the Di Hatiku Student Food Aid Program event in Kuala Lumpur.

    Takaful Malaysia’s Di Hatiku Student Food Aid Program was launched in July 2023. Through this program, Takaful Malaysia supplies daily set meals to eligible Asnaf students from low-income families at their respective schools. The program is scheduled to run until February 2024, covering the school academic year 2023/2024.

    “Our goal is to play our part and be responsible corporate citizens by providing nutritious food to empower the younger generation. Recognizing the importance of Asnaf students from low-income families having access to balanced meals at school, we decided to initiate this effort and extend a helping hand. Consequently, we are collaborating closely with the MoE, selected school administrators, and canteen operators to manage and implement the food aid program effectively,” said Zainal.

    Each selected Asnaf student receives a complete lunchbox set, and the daily menu is based on the food pyramid for children, including vegetables, fruits, and protein sources to meet the needs of the Asnaf students. Additionally, water bottles are also provided to encourage students to stay hydrated.

    “The Di Hatiku Student Food Aid Program aligns with the Sustainable Development Goals, aiming to eradicate malnutrition and ensure regular access to nutritious and sufficient food, particularly for Asnaf and underprivileged children, to support their normal growth and development and promoting a healthy life. Seeing the children’s smiles as they enjoy their meals is the most rewarding aspect of this program. We are delighted that the food aid program has received a positive and overwhelming response and hope it will continue to benefit the Asnaf students,” Zainal concluded.

  • The Ideal Sanctuary – A Stone’s Throw Away from the City

    When it comes to finding a getaway destination for a break, many people seem to think that the further we travel from home, the more exciting and exotic it becomes. The grass often appears greener on the other side. I used to hold the same belief until my recent staycation at a resort hotel that is just a stone’s throw away from the city.

    In this article, my focus is on assisting busy executives who lack the time to search for an ideal staycation. Getaways that necessitate extensive planning, arrangements, and travel can add stress, defeating the purpose of a break meant for relaxation. The good news is that I’d like to recommend an ideal, relaxing, and refreshing sanctuary for these hectic executives, located within a short distance from the city – a 25-minute drive from Kuala Lumpur and 15 minutes from Petaling Jaya.

    During the past week, my family and I checked into the exquisite Sunway Resort Hotel, which had undergone a thorough refurbishment, boasting an elegant modern appearance. I understand that the Management invested about US$60 million to give the hotel a contemporary facelift and equip it with the latest technology.

    From the instant we stepped into the grand lobby of Sunway Resort Hotel, it was apparent that we were in for a special treat. The personal and courteous welcome instantly put us at ease, as the attentive staff showered us with warm smiles and genuine hospitality. It was clear that this place was more than just a hotel – it was a haven of comfort and joy.

    As we made our way to our room on the 5th floor, we couldn’t help but admire the stunning interior design that seamlessly combined elegance and modernity. The impeccable attention to detail and the hotel’s commitment to sustainability truly impressed me. Sunway Resort Hotel had embraced green practices without compromising on luxury, incorporating everything from energy-efficient lighting to eco-friendly toiletries.

    Our Family Fun Suite was an oasis of tranquillity, exuding a sense of calm and sophistication. With 2 queen beds accommodating 2 adults and 2 children, the room was fully equipped with smart curtains, an entertainment zone complete with karaoke and gaming consoles, and a big screen entertainment area stocked with complimentary fresh fruits, healthy snacks, sweets, juices, beverages, and mineral water. We chose this specialty family suite for its promise of tailor-made comfort suited to our needs. Whether you’re a business traveller in search of a productive environment or a family on vacation looking for ample bonding space, the hotel is well-equipped to meet your needs.

    Family Fun Suite
    Entertainment Zone with Karaoke and Game Console

     

    As I entered the room, the plush beds with numerous pillows seemed to beckon me, and I couldn’t resist sinking into their soft embrace for a power nap to reenergize. Lying there, I felt the concerns of the outside world melt away, replaced by a sense of serenity and contentment. The panoramic view of the waterpark with its splashing waterfall outside my window was breathtaking, reminding me of the adventures awaiting me in this vibrant destination.

    One of the standout features of Sunway Resort Hotel was its dedication to providing a family-friendly environment. Eager to explore the Family Zones, I found myself drawn to the Sunway Lagoon Water Park like a magnet. This water wonderland was a haven of fun and laughter, offering exciting water activities and a lively playground. I succumbed to the allure of the water slides and indulged my inner child, resulting in a ‘splash-tastic’ experience that left me with unforgettable memories.

    For families with young ones, the Wonderland Explorers Kids Club was a treasure trove of joy. With an extensive array of games and activities, the little adventurers were kept thoroughly entertained, affording parents some well-deserved relaxation time. The hotel went the extra mile to ensure families had a wonderful time together, creating beautiful memories to cherish.

    The following morning, I was eagerly anticipating the hotel’s breakfast spread at the Sunset Terrace on Level 1. Stepping into the vibrant and spacious dining area, the enticing aroma of freshly prepared dishes enveloped the air. The buffet was a gastronomic paradise, boasting an impressive selection of local Malaysian delicacies and international favourites. I savoured each bite, exploring new flavours and delighting in the culinary wonders that awaited me.

    Sunset Terrace

    Our room also included a complimentary afternoon tea and evening cocktails, along with canapés, at the Premium Leisure Lounge.

    Premium Leisure Lounge
    Teatime at Premium Leisure Lounge

     

     

     

     

     

     

     

     

    Dining at Gordon Ramsay Bar & Grill, the flagship restaurant of the multi-Michelin starred chef in Malaysia, was undoubtedly a highlight of my stay. As a food enthusiast and a Gordon Ramsay fan, I held high expectations, which were not only met but exceeded in every aspect.

    Upon entering the restaurant, we were greeted by an elegant and inviting ambiance. While perusing the menu, it was evident that we were in for a culinary adventure of a lifetime. The options were plenty, and after much consideration, we ordered a variety of starters including Arnold Bennett Twice-baked Soufflé, Chicken & Duck Liver Parfait, Aged Beef Tartare, Seared Scallops, and Transmontanus Caviar. For the main course, we opted for a whole Boston Lobster Thermidor, Classic Beef Wellington, Wagyu Rib Eye, and A5 Japanese IGA Sirloin. The Apple Tarte Tatin was our choice for dessert.

    Each dish that arrived at our table was a masterpiece, meticulously crafted with a burst of flavours that danced on our taste buds. From perfectly seared steaks to delectable seafood creations, every bite was a symphony of taste that left us in awe of Chef Ramsay’s culinary brilliance.

    Gordon Ramsay’s restaurant also attracted notable individuals from afar. Seated across from us was Professor Muhammad Yunus, the renowned founder of Grameen Bank and a Nobel Peace Prize Winner. He had come with his family to dine at the restaurant and was staying at the hotel as he was scheduled to deliver a talk on Entrepreneurship For A Better World at Sunway University, conveniently located across from the hotel.

    Dinner at Gordon Ramsay
    Together with Professor Muhammad Yunus at Gordon Ramsay

     

     

     

     

     

     

     

     

     

    The service at Gordon Ramsay was exceptional, with attentive staff ensuring that every aspect of our dining experience was flawless. They shared insights into the dishes and made recommendations, helping us make the right choices.

    The next day, I decided to indulge by the poolside just outside Sunset Terrace. Lounging by the sparkling pool, sipping refreshing drinks, and savouring delectable bites made for a perfect unwinding experience. The atmosphere was ideal for relaxation, and as I sat basking in the sun by the pool, the hypnotic sound of the waterfall provided a constant soothing backdrop.

    Poolside with Waterfall outside Sunset Terrace

     

    One of the standout aspects of my stay at Sunway Resort Hotel was its strategic location. The hotel was interconnected with the Sunway Pyramid shopping mall and Sunway Lagoon theme park, offering unparalleled convenience for any quick purchases. This seamless connectivity allowed me to immerse myself in entertainment and excitement without leaving the hotel premises.

    Sunway Resort Hotel wasn’t just about leisure and fun; it was also a hub for events and gatherings. Exploring the hotel’s extensive meeting and events facilities, I was impressed by the world-class spaces and state-of-the-art technology available to guests. These versatile spaces catered to a wide range of events, from international conferences and exhibitions at the convention center to intimate meetings in fully equipped meeting rooms.

    Watching the hotel staff expertly organize events with precision and care showcased their dedication to creating exceptional experiences. Whether it was a brainstorming session or a corporate dinner at Gordon Ramsay Bar & Grill, they had the expertise and commitment to make each event memorable and successful.

    Throughout our stay, the exceptional service provided by the hotel staff stood out. Their warm and friendly demeanour made us feel more than just guests; it felt like we were part of a big, happy family. From the front desk to the housekeeping team, everyone went above and beyond to ensure our stay was comfortable and enjoyable.

    As our time at Sunway Resort Hotel came to an end, I found it difficult to leave the cocoon of comfort and tranquillity. It had offered more than just accommodation; it had provided a rejuvenating and revitalizing experience. I was charged up and ready to return to work with renewed energy and motivation. Sunway Resort Hotel was a place where luxury and warmth seamlessly blended, where joy and laughter resonated in every corner, and where cherished memories were etched in our hearts.

    If you’re searching for an exceptional sanctuary to unwind, relax, and recharge, just a stone’s throw away from the city, I wholeheartedly recommend Sunway Resort Hotel. In my view, this hotel undoubtedly earns a 5-star rating.

    About the Author:

    Dr. Victor SL Tan is the Chief Executive Officer of KL Strategic Change Consulting Group. He is the author of 15 books, including management books and biographies such as “Lessons of Success of Tan Sri Teh Hong Piow.” His book has achieved recognition in the Malaysia Book of Records, and his company has received The BrandLaureate Awards for being a consulting firm that has made the most positive and profitable impact on organizations. For more information, he can be contacted at 012 3903168 or via email at victorsltan@klscc.com.